I have no interest here. I am merely posting to attract any of The Brains of SHF who might have anything to say.
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| RSI hidden divergence and EMA200 https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=5996 |
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| Author: | ProFXer [ Wed Jan 20, 2021 12:44 am ] |
| Post subject: | RSI hidden divergence and EMA200 |
Hello, I came through a nice strategy that seems promising. I wonder if some fellow thought of or tried automating it. It is described in the following video https://www.youtube.com/watch?v=aXYKy_2BXK8 It is based on spotting hidden divergence on RSI relative to the EMA200. Its aimed at trend trading. I suggest changing the settings of the MACD to 5,34,5 to get earlier entry signal. Regards. |
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| Author: | BostonEJ [ Wed Jan 20, 2021 9:11 pm ] |
| Post subject: | RSI hidden divergence and EMA200 |
Hidden divergence is the same as entering pullbacks during any strong trend. If you're in a strong trend, price is naturally going to point in one direction and the shorter term indicator is going to swing in the opposite direction in a pullback. His last comment of "put in the work and don't be lazy" is the most important indicator. I am only now finally trying to get away from randomly throwing indicators on a screen to give the signal I want. In reality that only works for that one trade but not necessarily for any others in the future. EJ |
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| Author: | SteveHopwood [ Wed Jan 20, 2021 9:58 pm ] |
| Post subject: | RSI hidden divergence and EMA200 |
I have no interest here. I am merely posting to attract any of The Brains of SHF who might have anything to say. |
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| Author: | SteveHopwood [ Fri Jan 22, 2021 12:15 am ] |
| Post subject: | RSI hidden divergence and EMA200 |
I tried to watch the video and lost interest about 3 minutes in. It is the usual bollocks. Looking back in time to cherry pick an ideal representation of the guy's trading system. I could do this 10 times a day. So could many of us here. I assume he is trying to sell something - don't know as I run an ad blocker and so never see the associated ads that come with this sort of thread. Forget it, OP. It is rubbish. For sure, you will not persuade any of the sensible coders here to write an EA. |
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| Author: | reteid2222 [ Tue Aug 03, 2021 6:40 am ] |
| Post subject: | RSI hidden divergence and EMA200 |
You found one of the jewels or gems which are rarely found on youtube helping a lot giving ideas for strategies, explaining and testing. These strategies are with only 2-3 indicators and not overloaded with indicators looking like a Xmas tree... Look at the Larry Williams channel.... he only talks but for my guys it is worth like gold: Dont use more than 3 indicators for a successful strategy and do not make it too complicated with the rules... Many guys here wonder why an EA with 10 rules and 8 indicators dont work... for me logical clear.... The 5,7,5 is also a setup for getting good signals....feel free to try it.... |
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